EQT Infrastructure combines ferry companies Molslinjen and Torghatten to form pan-Nordic operator of “floating bridges”
EQT Infrastructure to launch Nordic Ferry Infrastructure (“NFI”) through the combination of Molslinjen and Torghatten, creating a pan-Nordic operator of "floating bridges” with a well-diversified portfolio of over 65 routes and 16m passengers annually
Molslinjen and Torghatten will continue to operate independently under their existing brands, and Carsten Jensen, currently serving as CEO Molslinjen, is appointed CEO of NFI
EQT Infrastructure will continue to invest significantly in the decarbonization and electrifcation of NFI’s combined ferry fleet to reach long-term targets towards net zero emissions
The leading Danish and Norwegian ferry transportation companies Molslinjen and Torghatten were acquired by EQT Infrastructure in February and March 2021 respectively. The companies provide essential transportation services in their respective regions, linking major population centers, islands to mainland, and coastal communities, creating a Nordic route network of floating bridges.
The combination of Molslinjen and Torghatten forms Nordic Ferry Infrastructure, a pan-Nordic ferry operator with a well-diversified portfolio of over 65 routes operated by over 100 vessels and transporting over 16 million passengers annually. Molslinjen and Torghatten will continue to operate independently under their existing names and brands, but with close collaboration through selected centralized functions and with a group executive management team. NFI will be headquartered in Oslo, Norway, and Carsten Jensen, currently CEO of Molslinjen, will be appointed new group CEO.
Carl Sjölund, Partner within EQT Infrastructure’s Investment Advisory team, said, “Combining Molslinjen and Torghatten will allow us to accelerate platform-wide digitalization efforts and facilitate the roll-out of new commercial and operational excellence initiatives. As we are now embarking on the next phase on this exciting journey, EQT Infrastructure is proud to invest in the continued decarbonization of the companies’ fleets to further reduce the environmental footprint of ferry transportation across the Nordic seas”.
The launch of NFI comes just weeks after the add-on acquisition of ForSea, an operator of electrified ferries between Helsingborg and Helsingør, across the strait of Öresund, which will add seven million transported passengers, annually.
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